Tag: Dealer News

As Tricolor’s fraud was discovered, former execs allegedly looked to AI for advice. The chatbot drew parallels to Enron. A ...

As dealers grappled with slowed consumer demand, weak economic sentiment and record low customer traffic in 2025, the automotive market ...

A new lawsuit alleges former Tricolor Chief Executive and co-founder Daniel Chu received tens of millions in compensation from the ...

In the first bankruptcy court hearing after the indictment of several Tricolor executives, Judge Michelle Larson allowed the sale of ...

An indictment unsealed today for Tricolor former Chief Executive Daniel Chu and Chief Operating Officer David Goodgame reveals Tricolor’s alleged ...

US prosecutors charged the founder of bankrupt subprime auto lender Tricolor Holdings with conspiring to defraud lenders and investors, in ...

Tricolor backup servicer Vervent faces a robust collections challenge, with potentially thousands of defaulted vehicle loans in the three months ...

New identification requirements for vehicle registrations in Texas have prompted concerns from dealers and lenders about a potential increase in unregistered or uninsured cars on the ...